So I am massively in favour of financial equality in a relationship. DH and I have a joint account into which both our salaries go and we both have free access to this. We don't have much spare money, but we manage our general life costs and spend within our means. DH earns more than me and since we had our daughter 18 months ago, I work part time (20 hours a week). We share everything.
But I'm not financially independent am I? Because if we split up (not something that is likely to happen, but it's good to plan!), I wouldn't be able to manage. The majority of what I earn goes on childcare (in reality, we obviously party childcare from our joint money, but if I didn't work we wouldn't have to pay it at all do it's a legitimate calculation to make). Alone I would be left with maybe £300/month after childcare and not much more if I went full time. We rent in an expensive city and it's a struggle to find anything under £1000/month.
So I guess what I'm asking is how does one become truly financially independent? Do you just have to earn loads yourself- enough so that you could manage everything alone? Or doesn't it matter?
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AIBU?
Are you financially independent?
201 replies
GuybrushThreepwoodMP · 23/02/2014 20:38
OP posts:
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